the introduction of negative deposit rates by the European Central Bank in June 2014 and a novel securities register for … they do not pass negative rates to retail customers, in turn investing more in securities, especially in those yielding … higher returns. Effects are stronger for less capitalized banks, private sector (financial and non-financial) securities and …

market using data from Finland. While the previous related literature studies the reactions of sales volume and prices to an …-error correction model, the response of prices to demand shocks is found to be substantially slower than that of sales. The effect of a …

Industrial prices of goods and services are a function of costs of production and of the mark-up that firms apply on … those costs. If these prices relate to goods that are traded internationally, they will also be influenced by the price at …-output table at basic prices prepared by Cambridge Econometrics and employment and wage data from the New Earnings Survey. The …